Gst on stock transfer to rented warehouse
This query is : Resolved
27 March 2019
I have rented out a Warehouse for storage of excess goods on a temporary basis for 3-4 months. My Place of Business and the Rented Warehouse are in different cities within SAME state. I have the following questions,
1. Whether do i need charge GST for above stock transfer?
2. Whether have I to raise 'TAX INVOICE' or 'DELIVERY CHALLAN'?
3. In E-way Bill, under sub-type do I need to select 'SUPPLY' or 'FOR OWN USE'?
4. Procedure for Sale from the Rented Warehouse/Godown - Invoice and E-way Bill.
Regards,
1. Whether do i need charge GST for above stock transfer?
2. Whether have I to raise 'TAX INVOICE' or 'DELIVERY CHALLAN'?
3. In E-way Bill, under sub-type do I need to select 'SUPPLY' or 'FOR OWN USE'?
4. Procedure for Sale from the Rented Warehouse/Godown - Invoice and E-way Bill.
Regards,
28 March 2019
No need to charge GST, you can issue delivery challan, it is not a supply.
Thanks nd Regards
CA Shubham Sharma
Contact-9462302922
shubham.vnv@gmail.com
Thanks nd Regards
CA Shubham Sharma
Contact-9462302922
shubham.vnv@gmail.com
Message likes :
1 times
28 March 2019
How we prepare eWay Bills?
27 July 2024
### How to Prepare an e-Way Bill
An e-Way Bill (Electronic Way Bill) is a document required under GST law for the movement of goods. It is used to track the transport of goods and ensure compliance with GST regulations. Here’s a step-by-step guide on how to prepare an e-Way Bill:
#### **1. **Access the e-Way Bill Portal**
1. **Login to the Portal:** Go to the [e-Way Bill Portal](https://ewaybillgst.gov.in/) and log in using your GSTIN (Goods and Services Tax Identification Number) and password. If you don’t have an account, you need to register first.
#### **2. **Select the Appropriate Option**
1. **Generate New e-Way Bill:** Click on the "Generate New" option to start creating a new e-Way Bill.
#### **3. **Fill in the e-Way Bill Details**
1. **Document Type:** Choose the type of document for which you are generating the e-Way Bill. It can be an Invoice, Bill of Supply, or any other relevant document.
2. **Document Number:** Enter the document number as mentioned in your invoice or bill.
3. **Document Date:** Provide the date of the document.
4. **Supply Type:** Select the type of supply, such as Intrastate (within the same state) or Interstate (between states).
5. **Transaction Type:** Specify whether it is a "Supply," "Export," "Import," or "Job Work."
6. **From and To Details:**
- **From:** Enter the details of the sender, including GSTIN, name, and address.
- **To:** Enter the details of the recipient, including GSTIN (if registered), name, and address.
7. **Item Details:**
- **HSN Code:** Enter the HSN code of the goods.
- **Description:** Provide a brief description of the goods.
- **Quantity:** Enter the quantity of the goods being transported.
- **Unit:** Specify the unit of measurement.
- **Value:** Enter the value of the goods (excluding GST).
8. **Transporter Details:**
- **Transporter Name:** Enter the name of the transporter.
- **Transporter ID:** Enter the Transporter ID or GSTIN.
- **Vehicle Number:** Enter the vehicle number if known.
9. **Place of Delivery:** Mention the place where the goods are to be delivered.
#### **4. **Generate the e-Way Bill**
1. **Verify Details:** Double-check all the details you have entered for accuracy.
2. **Generate e-Way Bill:** Click on "Generate" to create the e-Way Bill. The system will provide you with an e-Way Bill number (EBN).
3. **Print/Download:** You can print or download the e-Way Bill for your records and for providing to the transporter.
#### **5. **Update and Cancel (if needed)**
1. **Update:** If there are any changes in the transport details, you can update the e-Way Bill by logging into the portal and editing the details.
2. **Cancel:** If the e-Way Bill is no longer required (for example, if the goods are not being transported), you can cancel it within 24 hours of generation.
#### **6. **Compliance and Reporting**
1. **Carry the e-Way Bill:** Ensure that the e-Way Bill is carried along with the goods during transportation, as it may be required for verification by authorities.
2. **Update Returns:** Ensure to reflect the details of the e-Way Bill in your GST returns, if applicable.
### **Summary:**
1. **Access** the e-Way Bill portal and log in.
2. **Select** "Generate New e-Way Bill" and fill in the required details.
3. **Verify** and **Generate** the e-Way Bill.
4. **Print/Download** the e-Way Bill.
5. **Update/Cancel** if necessary.
6. **Compliance** with the transportation rules and GST returns.
### **References:**
- **e-Way Bill Portal:** [https://ewaybillgst.gov.in/](https://ewaybillgst.gov.in/)
- **GST e-Way Bill Rules:** Refer to the GST e-Way Bill rules in the CGST Act and related notifications for detailed compliance requirements.
For specific queries or if you encounter issues, consulting with a GST professional or advisor is recommended.
An e-Way Bill (Electronic Way Bill) is a document required under GST law for the movement of goods. It is used to track the transport of goods and ensure compliance with GST regulations. Here’s a step-by-step guide on how to prepare an e-Way Bill:
#### **1. **Access the e-Way Bill Portal**
1. **Login to the Portal:** Go to the [e-Way Bill Portal](https://ewaybillgst.gov.in/) and log in using your GSTIN (Goods and Services Tax Identification Number) and password. If you don’t have an account, you need to register first.
#### **2. **Select the Appropriate Option**
1. **Generate New e-Way Bill:** Click on the "Generate New" option to start creating a new e-Way Bill.
#### **3. **Fill in the e-Way Bill Details**
1. **Document Type:** Choose the type of document for which you are generating the e-Way Bill. It can be an Invoice, Bill of Supply, or any other relevant document.
2. **Document Number:** Enter the document number as mentioned in your invoice or bill.
3. **Document Date:** Provide the date of the document.
4. **Supply Type:** Select the type of supply, such as Intrastate (within the same state) or Interstate (between states).
5. **Transaction Type:** Specify whether it is a "Supply," "Export," "Import," or "Job Work."
6. **From and To Details:**
- **From:** Enter the details of the sender, including GSTIN, name, and address.
- **To:** Enter the details of the recipient, including GSTIN (if registered), name, and address.
7. **Item Details:**
- **HSN Code:** Enter the HSN code of the goods.
- **Description:** Provide a brief description of the goods.
- **Quantity:** Enter the quantity of the goods being transported.
- **Unit:** Specify the unit of measurement.
- **Value:** Enter the value of the goods (excluding GST).
8. **Transporter Details:**
- **Transporter Name:** Enter the name of the transporter.
- **Transporter ID:** Enter the Transporter ID or GSTIN.
- **Vehicle Number:** Enter the vehicle number if known.
9. **Place of Delivery:** Mention the place where the goods are to be delivered.
#### **4. **Generate the e-Way Bill**
1. **Verify Details:** Double-check all the details you have entered for accuracy.
2. **Generate e-Way Bill:** Click on "Generate" to create the e-Way Bill. The system will provide you with an e-Way Bill number (EBN).
3. **Print/Download:** You can print or download the e-Way Bill for your records and for providing to the transporter.
#### **5. **Update and Cancel (if needed)**
1. **Update:** If there are any changes in the transport details, you can update the e-Way Bill by logging into the portal and editing the details.
2. **Cancel:** If the e-Way Bill is no longer required (for example, if the goods are not being transported), you can cancel it within 24 hours of generation.
#### **6. **Compliance and Reporting**
1. **Carry the e-Way Bill:** Ensure that the e-Way Bill is carried along with the goods during transportation, as it may be required for verification by authorities.
2. **Update Returns:** Ensure to reflect the details of the e-Way Bill in your GST returns, if applicable.
### **Summary:**
1. **Access** the e-Way Bill portal and log in.
2. **Select** "Generate New e-Way Bill" and fill in the required details.
3. **Verify** and **Generate** the e-Way Bill.
4. **Print/Download** the e-Way Bill.
5. **Update/Cancel** if necessary.
6. **Compliance** with the transportation rules and GST returns.
### **References:**
- **e-Way Bill Portal:** [https://ewaybillgst.gov.in/](https://ewaybillgst.gov.in/)
- **GST e-Way Bill Rules:** Refer to the GST e-Way Bill rules in the CGST Act and related notifications for detailed compliance requirements.
For specific queries or if you encounter issues, consulting with a GST professional or advisor is recommended.
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